GOLD for 4/3/20
On 3/31 we left a short-term bearish reversal above that warns of decent pressure for days, but this will be more effective once we take out 15739. We have seen $43 so far. This is ON HOLD. Decent trade above 16382 will further negate the bearish reversal and should bring in decent strength toward 16820 (+). Yesterday we left a short-term bullish reversal below that warns of continued strength, but taking out 16382 decently is key to making this more effective. Decent trade below 16073 will negate the bullish reversal and take the bearish reversal above off hold. NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Gold and Energy complex. If you are interested, please feel free to reach out.